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Prometheus Group Acquires WorkTech

04.24.20

Simpson Thacher represented Prometheus Group in connection with its acquisition of WorkTech, a company specializing in contractor cost tracking, time and attendance, and fatigue management software. The transaction closed April 17, 2020. Financial terms were not disclosed.

Prometheus Group, a portfolio company of Genstar Capital, is a leading global provider of comprehensive and intuitive plant maintenance operations and optimization software, with a broad platform of solutions addressing the unique idiosyncrasies and requirements of heavy asset operators.

The Simpson Thacher team included Michael Kaplan, Daniel Switts and Tim Krause (M&A); and Tyler Robbins (Tax).

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